D. South America
Several countries like spain and portugal had colonies in south america.
Black market or underground economy is the term used to describe the clandestine and illegal sale of goods, products or services, violating the pricing or rationing imposed by the government or companies.
The phenomenon of the black market arises in times of crisis or periods of government control of the economy, usually when the scarcity of basic goods forces governments to impose price controls or rationing of goods.
Answer:
We can then infer that the black market is regulated by the government of the country to which it belongs.
<span>It is true that creation stories describe creation
resulting from the forming or the breaking of a union between two powerful,
primordial forces. One example is a mythology in China entitled ‘Eggs and
emptiness’ narrating that creation began with the splitting of two eggs until a
giant with limbs grows out of these eggs.</span>
A primary source is told or written down by a person that experienced or saw the event. While, a secondary source is told or written by someone else
Answer:
A managed float is the exchange rate policy where the government would intervene to control or manipulate the currency to save it from an economic shock. It may take place in a situation where the value of currency could fluctuate with respect to other currencies. At this point of time a government or central bank took the task to act as a buffer system between fixed exchange rate and flexible exchange rate.
